The Business Times, 29 June 1998

Total Pages: 44
1 44 The Business Times
  • 14 1 THE BUSINESS TIMES MIT A (P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes MONDAY, JUNE 29,1998
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  • 52 1 STOCK MAMPffPIMCBS Week Change STD 1,086.59 -37.54 BTSRI 467.94 -17.71 KLSECOMP. 446.67 -21.94 NIKKEI 16,210.04 -67.94 HANG SENG -8,607.86....._+16.96 SET WDEJL. .264.98 -19.34 JAKARTA COUP. 430.87 +6.42 MANILA COUP. 1,723.37 +18.34 TAIPEI WPL 7,681.96. -135.31 SEOUL COUP ***** -13.86 CLSA CHINA B ***** -24.07 AUST ALLORD—i,609.90 -1-21.10 DOW
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  • 75 1 FOttK BATES USS SI USt 1.673 (U8VSS per S) 1.679 2M DM 1.797. 0JS1 ¥100. 141.5 1.182* MS 4049 0.413 HKI 7.748 0116 BAHT 41.56 0.040 RUP1AH ***** .0.011* 'SStelMuaito PUKE BATES SINGAPORE* 7.88 KUALA LUMPUR 11.50 JAKARTA. 58.08 BANOKOK 14.75 MANI1JL._ _21>e HONGKONG 10.25 TAIPEI AM SYDNEY 8.45
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  • 647 1  -  Move will give ST group's property arm listed vehicle for its hospitality business By Ang Wan May [SINGAPORE] Pidemco Land is in the market for half a billion dollars in loans, fuelling speculation that the govern-ment-owned property giant could be making a
    647 words
  • 491 1  -  From, Anthony Rowley in Tokyo FOREIGN exchange markets in Tokyo and elsewhere in Asia are expected to open in a nervous mood today amid fears that the United States and Japan may again conduct concerted intervention in an effort to prop
    491 words
  • 1179 1  -  From. Anthony Rowley in Tokyo JAPAN'S ruling Liberal Democratic Party has brought forward to July 2 from July 8 the date on which it will announce its "total plan" to cure the multiple ills of the country's banking system. But it seems likely that
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  • 623 1  -  Figure up 9% from last year, and almost double that of 1996 By i Clarissa Tan [SINGAPORE] More than 700 individuals went bankrupt between January and May this year 40 per cent of them due to business faUure. The number of new bankruptcies
    SOURCE: Official Assignee  -  623 words
  • Page 1 Advertisements
    • 113 1 nnaPß U. M aivWuuWn tOT The economic crunch didn't stop Microsoft's Singapore subsidiary from achieving and in fact surpassing sales targets set before the slowdown, said the software giant's Singapore MD Saw Ken Wye, BnstnwalT PylO m-PpfaUH to fat by <tt The plastic injection moulding company is unlikely to postpone
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    • 9 1 Basbkeu failure accounts for 40% of bankrupts, Pg 2
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  • SINGAPORE AT HOME & ABROAD
    • 184 2 MALE, between 30 and 50 years old, and whose business venture flopped that's the typical profile of the people who went bust this year. Business failure accounted for 40 per cent of the 725 people declared bankrupt in the first five months of
      184 words
    • 186 2 NEW YORK-listed electronics firm Tektronix Inc has issued a worldwide recall alert for two models of oscilloscopes after learning that incorrect use of these products could expose users to serious injury or death. The recall notice applies to about 60,000 TDS2IO and TDS22O oscilloscopes. A
      186 words
    • 377 2  -  Deferred payment scheme, low prices see 51 ont of 53 leasehold houses sold By. Ang Wan May DRIVEN by low pricing and a deferred payment scheme, buyers snapped up all but two of the 53 houses in the Sembawang area relaunched by
      CHRIS LOH  -  377 words
    • 372 2  -  By' Toh Han Shih SINGNET, the Internet Service Provider (ISP) of listed teiecom giant Sing Tel, has finally swung into the black. Sing Net chief executive officer Leong Shin Loong said on Friday that his company was expected to
      372 words
    • 299 2 EYE ON THE ECONOMY Outlook SINGAPORE should be able to avoid a recession this year, even if economic growth from April to December 1998 is flat at best, with two of the three quarters possibly seeing negative growth, says the United Overseas Bank (UOB)
      299 words
    • 476 2 Drastic cut in spending will shrink economy farther The Straits Times SINGAPOREANS should take care not to cut spending so drastically as to cause the economy to contract further, said Senior Minister Lee Kuan Yew last night. "Our consumers should not become over-pessimistic
      The Straits Times  -  476 words
  • Page 2 Advertisements
    • 178 2 Make Th e Best Impression WITH CLEAR AND StM HEALTHY LOOKING SKIH MIH You do your best when you look your best. And at MEN'S SKIN CENTRE, we specialise in helping you look your best. Find out what the most advanced deep cleansing, revitalising 1 and firming programmes can do
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    • 305 2 CUSTODIANS HOLD PRIVATE COLLECTIONS NOBLE SILK ABT/WF.AI.TH IN EXCESS l)S$150.000.000 LOCATED IN THEIR PRIVATE EVTERKATIONAL FREE ZONE Vevey, Switrgrland inrliidiny examples of Museum and Historic Levels iSSk'iiS Auction CST acting as licenced auctioneers duly instructed by CUSTODIANS SUPERINTENDENCE AJVD TRUSTEES COMPANY S.A. Custodians Art/Wealth Assets Superintendence Copyright, Levels /Criteria Thistees
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  • Page 3 Advertisements
    • 180 3 There are more important things than being big. But sometimes you have to be big to achieve them. From today, a new global European 30 years, ÜBS AG has a presence in bank takes centre stage in the Auckland, Bangkok, Beijing, international arena. A bank Hong Kong, Jakarta, Kuala Lumpur,
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  • ASIA'S ECONOMIC SLUMP
    • 204 4 Bridge News [HONGKONG] About 78 per cent of Japanese companies based in Hongkong believe that Asia's ongoing financial crisis will dislodge the Hongkong currency's peg to the US dollar, a survey shows. The survey was conducted in May-June by the Nihon Keizai Shimbun.
      Bridge News  -  204 words
    • 377 4 Top 5 banks responding to govt's call to help to meet 8% growth target AFX—Asia [MANILA] China's major banks are gearing up their efforts to improve their financial services to help the country achieve its 8 per cent economic growth this year,
      AFX—Asia  -  377 words
    • 532 4 It wants tax rebates and cnt in petrol duty and rentals Reuter, AFP [HONGKONG] Hongkong's new opposition alliance is pressing for more financial relief to help the territory through its worst economic crisis in decades. The alliance felt government measures announced last
      Reuter,; AFP  -  532 words
    • 61 4 [BANGKOK] Thai shoppers and residents waiting for buses outside a shopping mall in central Bangkok. The "Amazing Thailand"campaign, aimed at drumming up tourism and raking in much-needed foreign exchange, is meeting a not-so-amazing response as economic turmoil bites into regional travel The weak baht, seen by
      REUTERS  -  61 words
    • 290 4 Reuters, AFP [TOKYO] The International Monetary Fund (IMF) is likely to ask Japan to extend an additional US$l billion (551.67 billion) in emergency loans for Indonesia, Japanese media reported yesterday. The Nihon Keizai Shimbun quoted IMF sources as saying the loans would
      Reuters,; AFP  -  290 words
    • 138 4 Bloomberg (SEOUL] Five shaky South Korean banks Daedong Bank, Dongnam Bank, Donghwa Bank, Kyungki Bank and Chung Chong Bank will be pushed out of business under the government's drive to reform the ailing banking system, the Yonhap News Agency reported yesterday, citing
      Bloomberg  -  138 words
    • 427 4 Anwar, central bank chief meet US Treasury Secretary Reuters [KUALA LUMPUR] United States Treasury Secretary Robert Rubin met the Malaysian Finance Minister and central bank governor here yesterday shortly after arriving from Beijing. Mr Rubin, accompanied by two senior Treasury officials,
      Reuters  -  427 words
    • 212 4 Bloomberg [KUALA LUMPUR] Officials from the US Treasury Department and the Federal Reserve have discussed the possible merger of Japan's Long-Term Credit Bank and Sumitomo Trust Banking Co with Japanese government officials, Treasury Secretary Robert Rubin said. Mr Rubin declined to characterise the
      Bloomberg  -  212 words
  • Page 4 Advertisements
    • 274 4 MENDIEN SINGAPORE HOTELS IN ASIA-PAC IFIC: BALI BANGKOK ISLE OF PINES '98 JAKARTA KOH SAMUI MEDAN '99 MELBOURNE NEW DELHI NOUMEA TAHITI 98 PHUKET PORT VII-A BORA BORA 98 SAIPAN 99 SINGAPORE SINGAPORE CHANGI THE GOLDEN TRIANGLE TOKYO TOKYO II '98 A comprehensive guide written for new expatriates FQ» and
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  • FOCUS
    • 913 5  -  Cambodian leader cites fractured Funcinpec, but says he will still form a coalition government Reportsby Harish Mehta [BANGKOK] HUN Sen, the powerful second prime minister of Cambodia, likes to point out the numbers to show that his Cambodian People's Party (CPP) will
      FILE PHOTO  -  913 words
    • 527 5 39 parties competing for 122 seats in national assembly CAMBODIA'S July 26 general election is a lot more complex than the last poll five years ago. There are many more parties and more assembly seats are up for grabs. But, so far, it
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  • Page 5 Advertisements

  • THE REGION
    • 645 6 CLINTON'S VISIT TO CHINA Clinton-Jiang TV exchange on Tiananmen gets little press coverage Reuters [BEIJING] US President Bill Clinton yesterday took to a Beijing pulpit to send a message on religious freedom, a day after condemning the Tiananmen Square massacre before a Chinese
      Reuters; AFP  -  645 words
    • 286 6 Daley says Bejjing most do more to open its markets Reuters [BEIJING] The US and China will sign agreements today for projects worth about US$l.5 billion (552.5 billion), US Commerce Secretary William Daley said yesterday. The agreements, to be signed during a
      Reuters  -  286 words
    • 611 6  -  LETTER FROM JAKARTA Indonesia must accept that it is multi-religions, multi-ethnic By Shoeb Kagda FOR most of his life, 54-year-old Usman has been content to concentrate on building his business and looking after his family. Born in Aceh, a Muslim stronghold, he has never felt out of
      611 words
    • 324 6 NEWDELHI Reuters INDIA has accused China and the United States of hypocrisy and showing a "hegemonistic mentality" after their summit pledge on Saturday to work together to head ofF a nuclear arms race in South Asia. An Indian government statement yesterday rejected a
      Reuters  -  324 words
    • 401 6 KUALA LUMPUR AFP MALAYSIAN newspapers yesterday welcomed Prime Minister Mahathir Mohamad's move to appoint a close ally and former finance minister as minister responsible for economic development. "It should not be viewed as an attempt to create two ministries with a similar function or as
      AFP  -  401 words
  • Page 6 Advertisements
    • 1265 6 T~ H Lloyds TSB Group pic (incorporated in UK) Consolidated Balance Sheet Consolidated Profit Loss Account Year ended Year ended 31 Dec 97 31Dec96 31Dec97 31 Dec 96 &n £m £m £m Assets v Interest receivable: Cash and balances at central banks 881 1.272 Interest receivable and similar income Items
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  • THE WORLD
    • 491 7 LONDON Surge due partly to fall in yields on risk-free assets, but rally cannot be sustained: George Reuters BANK of England (BOE) governor Eddie George said the chances of a "downward adjustment" in the global equity market were greater than the
      Reuters  -  491 words
    • 462 7 NEW YORK Asia crisis dilating concerns of inflation: Wall Street firms Bloomberg FEDERAL Reserve policymakers will keep US interest rates unchanged for a 10th straight meeting when they gather tomorrow and the day after, according to Wall Street's biggest bond firms. A survey of
      Bloomberg  -  462 words
    • 537 7 GENEVA Reuters HONGKONG is the most expensive city in the world, having overtaken Tokyo because of the declining value of the yen, a global cost of living survey to be released today said. Five other Chinese cities Beijing, Shanghai,
      Reuters  -  537 words
    • 308 7 MOSCOW AFP, Reuters THE International Monetary Fund will offer a "stabilisation loan" to Russia to be repaid over 10 years at an annual interest rate of 4.6 per cent, Interfax reported yesterday, citing the IMF. But Martin Gilman, the IMF's
      AFP,; Reuters  -  308 words
  • Page 7 Advertisements
    • 52 7 r Would you believe a great meal in a d deluxe restaurant at hawker prices? <j maybe even less! I SEAFOOD PARADISE NORMAL NOW w-.l PER 100 QMS J, Prawns XT $2 J 1 sl/ILmO Sri LanKa Crab X" $2 Red Tflapia >iT $2 SOS BaSS 3 if. IS Tanjong
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    • 987 7 GB HOLDINGS LIMITED Full-year financial statement on consolidated results for the year ended 31 March 1998. These figures have not been audited. Group Company $'000 $'000 1928 1922 °A 1228 1997 1. (a) Turnover* 36.369 42.884 (15%) (6) 254 (102%) (b) Investment income (64) 173 (137%) (64) TO (137%) (c)
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  • Page 8 Advertisements
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  • BUSINESS IT
    • 627 9  -  More than 3,000 copies sold in first two days By Kenneth James [SINGAPORE] They lined up in their hundreds last Friday at Suntec City, a motley group of youths, adults, even children accompanied BoyBoy style by their grandparents, forming a snaking queue that crammed
      ARTHUR LEE  -  627 words
    • 600 9  -  It allows firms to set up VPNs across the Internet By' Toh Han Shih [SINGAPORE] Sing Net, the Internet Service Provider (ISP) of Singapore Telecom, will offer a new service that gives companies a low-cost alternative to leased lines. Sing Net director Chang Wai
      600 words
    • 514 10  -  Targets surpassed despite regional crunch, local chief Ken Wye says By'. Kenneth James [SINGAPORE] The economic crunch didn't stop Microsoft's Singapore subsidiary from achieving and in fact surpassing sales targets set before the slowdown, the software giant's Singapore MD Saw Ken Wye revealed last week.
      514 words
    • IT TAKES
      • 42 10 [SINGAPORE] China is creating a new nationwide cashless payment system. Schlumberger will supply the smart card solution for this system, including the smart card, point-of-sales terminals and security technology. Schlumberger's range of products are collectively called Qianflex.
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      • 64 10 [SINGAPORE] Online Technologies Consortium (OTC), a group of companies from the local online industry, has selected US-based Net Perceptions' Group Lens Recommendation Engine as a technology in OTC's Virtual Communities Programme. The GroufrLens Recommendation Engine will help OTC members foster one-to-one customer relationships by tailoring their
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      • 54 10 [SINGAPORE] WRQ, a seller of enterprise and management software, has appointed local firm CSA Automated as an authorised reseller and a WRQ Express Expert business partner to expand WRQ's market coverage in Singapore. CSA Automated will handle sales of all WRQ Reflection enterprise-wide connectivity products and
        54 words
      • 52 10 [SINGAPORE] From June 15 to Sept 15, Air Canada will make IBM notebook computers available to passengers on select routes including the airline's Executive First customers on the Vancouver-Hongkong flights. The IBM notebook computers will be loaded with software like Lotus Smart Suite and Microsoft
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      • 78 10 [SINGAPORE] NEC has launched an ADSL platform to deliver multiple digital services to end users. NEC has supplied trial ADSL systems in the US, Australia, New Zealand, Latin America and Asia. ADSL can deliver digital services such as video on demand, pay per view TV,
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      • 48 10 [SINGAPORE] Mecklermedia has partnered Reed Exhibition Companies for the staging of Internet World Asia@Singapore'99 and Internet World Asia@Hong Kong' 99. Mecklermedia will have a 51 per cent majority ownership interest in both events with Reed being the strategic partner and organiser for these exhibitions.
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      • 55 10 [NEW YORK] Hewlett-Packard, Mitsubishi Chemical Corp, Philips Electronics, Ricoh Company, Sony Corp and Yamaha Corp have announced the creation of the DVD+RW Compatibility Alliance (DCA) to facilitate the adoption of the DVD+RW format. The DCA plans to help hardware manufacturers and software developers adapt their
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      • 51 10  -  Compiled by Toh Han Shih [SINGAPORE] Hewlett-Packard (HP) will launch its Open View NetMetrix software at the Pan Pacific Hotel on July 7. NetMetrix is a software tool that analyses a network's availability and performance, and helps resolve network problems. Open View is HP's network management
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    • 364 10  -  By Kau Yi Kang [SINGAPORE] When it comes to networking, small and me-dium-sized enterprises (SMEs) want ease of installation and administration, the ability to share resources like modems, and improved ways of communications. And all at a price they won't baulk at. Novell's Netware
      364 words
    • 168 10 Bloomberg [FRAMINGHAM, Massachusetts] Internet-related spending by US companies and consumers will more than quadruple to about US$5lB billion (SsB6s billion) in 2002, as more people do their shopping and communicating on the worldwide computer network. The US "Internet economy" already
      Bloomberg  -  168 words
    • 315 10  -  Restructuring now to become more market-focused By\ Raju Chellam [SINGAPORE] Silicon Graphics Inc (SGI) is restructuring its operations to become more market-oriented and plans to push its leading visual computing technology to high-growth niche markets. It will also spin off two of its companies Mips
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    • 333 10 [SINGAPORE] US telecom equipment giant Lucent Technologies will introduce more powerful CDMA products next year to Singapore and Asia, Lucent wireless networks' Asia-Pacific vicepresident Scott Erickson said last week at the 3rd Annual World CDMA Congress. CDMA (Code Division Multiple Access) is a wireless
      333 words
    • 118 10 Reuters [BEIJING] China's central bank has pledged to tackle the millennium computer bug in the financial sector to forestall possible financial risks, the Financial News said last Friday. "The central bank will take timely measures, clarify responsibilities and put together the manpower
      Reuters  -  118 words
    • 150 10 (SINGAPORE] A range of cut-ting-edge IT technologies developed by Kent Ridge Digital Labs (KRDL) will be showcased here on July 7 when the institute holds its first "IT Market Day". The event will be inaugurated by John Seely Brown, chief scientist of Xerox's
      150 words
    • 590 11 Symbian bets on mobile wireless devices for the future Company a venture between Nokia, Motorola and Psion Reuters [LONDON] When the mass market embraces the Internet it will use cheap and simple wireless mobile devices, not the personal computer. That was the bet made on Wednesday by Symbian which comprises
      Reuters  -  590 words
    • 669 11  -  HP, Microsoft and SAP targeting mid-sized companies By 1 Toh Han Shih [SINGAPORE! HewlettPackard, Microsoft and SAP are targeting medium-sized companies with their new NT system with improved reliability of 99.5 per cent, company officials said recently. "This is a big growth opportunity we
      669 words
    • 339 11 NYT [ATLANTA] AT&T's pending purchase of Tele-Communi-cations Inc has sounded off like a starter's gun in the executive suites of the telephone and cable TV industries. While both industries compete already for Internet and telephone customers, the race among them will now begin
      NYT  -  339 words
    • 259 11 AFP [WASHINGTON] Netscape's Internet browser Navigator, found in 50.5 per cent of all computers equipped with browsing software, maintains a solid lead over Microsoft's Explorer, found in 22.8 per cent, according to a new study. But the survey by the research firm IDC conducted
      AFP  -  259 words
    • ON THE SHELF
      • 74 13 SYMANTEC Singapore has announced a new client/server application that keeps mobile users automatically up-to-date on critical files through e-mail. Called Mobile Update, the solution helps automatically detect and deliver just the changes made to critical business documents and push them to mobile users over the
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      • 58 13 LOGICA Asia will sell and support a new financial switching system for cash machines and point-of-sale terminals, called Postilion, developed by Mosaic Systems. Running under Windows NT, it is targeted at financial institutions and can support internet banking, e-commerce applications and smart cards through its suite
        58 words
      • 52 13 SHARP-ROXY Sales Singapore has introduced XG-NV2EA, a compact, SVGA-based data projector with 700 lumen brightness for multimedia presentations. Retailing at $7,999, the plug-and-play system comes with wireless remote control for mouse and laser pointer, built-in stereo and speakers and video compatibility across multiple formats. For details,
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      • 64 13 PHILIPS Singapore will launch next month its new PC video camera—PCA63sVC—that connects to the parallel port of the PC. The $280 device (above) comes with variable focus length, auto image and contrast adjust feature, plug-and-play features, and a Videogram software to create and send compressed
        64 words
      • 75 13  -  Compiled by! Raju Chellam HYPERTEC Memory Singapore has come out with RAM upgrades for Unix and Win NT workstations and servers, as part of its Hyperßam memory range. The range includes memory upgrades for Compaq, Digital, Hewlett-Packard, IBM, Silicon Graphics and Sun Microsystems' workstations and servers.
        75 words
    • 292 13  -  Many products on display at Infosecnrity exhibition Ryt Chin Jit Fong [SINGAPORE] A year after Singapore's first Certification Authority, Netrust, was formed, a slew of Netrustready card readers are slowly streaming into the market. And Autostar's 6 cm by 4.8 cm Chipdrive Micro
      292 words
    • 325 13 [SINGAPORE] PictureTel's new 330 Net Conference multipoint server software addresses two problems avoided by other video conferencing software how to conduct a virtual meeting with more than one other party, and how to do it without costly ISDN networks. Before using Net Conference, users require the
      325 words
  • Page 9 Advertisements
    • 459 9 No slowdown for Microsoft Singapore, Page 10 M mtk PC97 CtrtHM S 4*% Iff Hud—* II PmawntdtAHi W A X* Iftk "I W Mrteyatea 2M Mai (IDC CD-MMD S" ■feJHL X V M 1 1 44M1 Dwkatte Orlve »r Integrated 201 Ma» X OOfCMMMftISU* U-CallM*MH«al«tMyftACM V (NifUn t» 3 liMrs
      459 words
    • 222 9 flI SOME '|S e MB g «SS: I I J 4 HUH..* ...AND HEIHL I I DESKTOPS SERVERS GATEWAYS I These days. most organisations operate on a number of platforms and technologies And while many anti-virus solutions work for some. Norton Antivirus is proven across all platforms: Desktops, servers, gateways
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  • Page 10 Advertisements
    • 49 10 J mam? jW .'i? 7 J I 1 O So/ Melici m.imf M 7>c<r 4 ML 'U. v. r•' .1 -.4 ut( 1 1 )Vir HR P 1-..1 M 1 Sttd K,VX 0 K jpn il- i- •1 I WO-lml' ,f, .><■■.. < i A., ,v -M V** 1• 46
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  • Page 11 Advertisements
    • 314 11 University of South Australia Adelaide 41*"" PhD®. MBA (Business Management) 15th Intake August '98 Welcome Orientation Designed to develop Innovation 2 July 98 B| Papra and Creativity, Leadership, J The First and Only Doctoral programme in Singapore, the region UHI Communication Skills and probably the Wortd to have 18 months,
      314 words
    • 21 11 In Focus No.i projector company in the world In Foe us LP42O. The first multimedia projector that's smaller than vour briefcase.
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  • Page 12 Advertisements
    • 626 12 Introducing the ultra-compact Canon BJC-50 Printer/Scanner. f IJ.pijlf JIJW^ J i V It fits your image. It fits in your pocket. i 111 I•11 r r I 1111 1- .I 11 i c• I r 11 1 c• I .iIyI. i it 1I it 11 •••11 I '•''i r. I
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  • Page 13 Advertisements
    • 260 13 SolonwdV Discover how Solomon IV can help save COST Register now for our FREE Solutions Seminars Visit us at http://www.solomon.com.sg t Solomon IV is one of the world s leading Windows-based and SQL-based accounting software. To know more about this award-winning product and our FREE Solution Seminars, call 224 6795
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  • WORLD CUP 98
    • 789 14 First golden goal in World Cup history sinks Paraguay Reuters, AFP PRANCE scored the first golden goal in a World Cup finals yesterday at Lens as defender Laurent Blanc struck six minutes from the end of extra time to sink Paraguay 1-0. The historic goal earned
      Reuters,; AFP; REUTERS  -  789 words
    • 343 14  -  World Cup viewing guide By Shahiron Sahari IT Holland vs Yugoslavia (2 30am. Toes) This match between the Dutch Masters and JHBp tte Brazilians of Europe is a purist's dream. Two of the most skitful teams in Europe go head to head for the first time In the
      343 words
    • 93 14 [PARIS] (From left) Lin Ching-yu of Taiwan, Liang Liang of China, Lu Hengli Lu of China, Miu Tsz-yeung of Hongkong, Liang Yang of China, and Quan Yang of China, demonstrating the role of flag bearers after their Saturday World Cup match in Paris,
      REUTERS  -  93 words
    • 887 14  -  There's been little sign of the drive that they're famous for By I Susan Tsang [SINGAPORE] The German brand name in the industrial world is that of a well-oiled, solid and totally reliable high performance engine that many people are prepared to pay top
      AFP  -  887 words
  • Page 14 Miscellaneous
    • 180 14 THE WEATHER Statppora Fair. Temperature(24/30C) Aala-PMdfa UW Oml Jenaafca 14/SS cloudy Stockholm I*lB doady Auckland 1/14 riwwen Mecca 2&42 dear Vienna 17/B Mm Baa£ok Ml riuwen Zunefc I*B fiSr Bepg W* far Bwapa tm/mf On 4. Bombay 2V30 dnwtn AMerdaa 1111 iwwen WHP CML Bnabane 11/11 dandy Athens 21/10 doady
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  • Page 15 Advertisements
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      140 words
  • Page 15 Miscellaneous
    • 799 15 TV&RAPIO Premier* 12 7.00 News sat Seven. ftilWl Ift ""17,. 730 Mind Your Body (See 0.00 AMCDIS. r 7™ PM TV Innovations. Our Choice). 10.00 TV Shopping Network. 4.00 Expression: Wild Balle- 8.00 Monday Prime Time 1.00 PM TV innovations. gßi rina Karole Armi- Movie Kindergarten 3.00 CDIS. tage* Cop
      799 words
    • 218 15 CRYPTIC CROSSWORD 1 A Gallic success with award 1 f f separate (7). 'mmr 5 Longing to redevelop this art j —PL-M IH JHL—H down slabs (5) —-jßt—)t—jißZjßLZaßL^JßLZlßl^^ tower nnwK 1 fCOld tBa (7> struggling (8) SATURDAY'S SOLUTION W w 13 Wars on police, an atrocity! Islhlallll Ip>pMpl 'sk'ol r~-i
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  • EXECUTIVE LIFESTYLE
    • 554 16  -  FESTIVAL OF ARTS Actor-writer Coetzee speaks volumes in Ms insightful satire on S Africa army life, says ParvathiN Narayan Parvathi N Narayan ON the spartanly furnished stage of the Drama Centre last Thursday evening, a soldier in his underpants made his bed in the very
      ST/LAU FOOK KONG  -  554 words
    • 505 16  -  Authentic realisation of Russian works tinder his craftsmanship By\ David Chow [SINGAPORE] Romantic Russians was the theme for last Thursday evening's arts festival extravaganza, with the 117-year-old St Petersburg Philharmonic Orchestra playing to a full house at the Victoria Concert Hall. Two things were noticeable right
      505 words
    • 459 16  -  By] Benjamin Loh [SINGAPORE] In a programme of Romantic works last Friday evening, the St Petersburg Philharmonic Orchestra proved to be a disciplined ensemble under the baton of Yuri Teinirkanov in its third and last programme for the arts festival. Technically, there was much to be admired
      459 words
  • Page 16 Advertisements
    • 187 16 iui=:SAl\l FORKLIFT Hi I I(t^|"|Hf i w IMB ijiirT Tiw v 7 *r -tV-j; 4 .<»> str v *rjp <$■• f fx? A, ir* Jr tp* f- I t'J j ''v \> •*W k) \lt 1 J i* *f££jfoijl V{ W.&<)|.v ,>* V/i I t' A fe r* Wf v.*
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  • COMPANIES & MARKETS
    • 681 17  -  Analysts are divided as Wall Street's roller-coaster keeps investors on edge From, Andrew Marks in New York THIS quarter, US stock markets have been maddeningly volatile, recording both new record highs for the major US equity indexes, along with steep declines. The result: some strategists
      FILE PHOTO  -  681 words
    • 805 17  -  MARKET MATTERS DefUsing the economic crisis Malaysia is facing could present the prime minister with the biggest challenge of his career By Eddie Toh PRIME Minister Mahathir Mohamad has shown time and again why he is the undisputed master of Malaysian politics. At the
      805 words
    • COMPANIES
      • 249 18 Bloomberg [KUALA LUMPUR] AMMB Holdings Bhd, a Malaysian banking group, swung to a loss in the second half as a surge in interest rates increased bad loans, forcing it to put aside more funds. AMMB said it posted
        Bloomberg  -  249 words
      • 252 18 Cable Wireless committed to Asia Region seen as best growth prospect for the 21st centory AFP [LONDON] Cable Wireless, the British telecoms group, on Friday reiterated its commitment to Asia, which the company identified as a growth pole for the next century. "Despite the region's economic problems, we're just as
        AFP  -  252 words
      • 668 18  -  Company to diversify into metal stamping, making end-products to propel growth Ry Carol Eng [SINGAPORE] Hi-P Singapore, which was ranked as Singapore's 36th most enterprising privately-held company in last year's Enterprise 50 competition, plans to list on the mainboard of Singapore's
        668 words
      • 307 18 Bloomberg [ENGLEWOOD, Colorado] Tele-Communications Inc (TCI) chairman John Malone has lost at least US$4OO million (*****.4 million) on paper in the three days since AT&T Corp announced its US$44 billion purchase of the second-largest cable-televi-sion company. In the transaction, which AT&T is paying
        Bloomberg  -  307 words
      • 273 18 Reuters [HONGKONG] VTech Holdings is a defensive buy for longer term investors in a volatile market, given its solid fundamentals and immunity to the Asian crisis, analysts said. "There are very few industrial firms which can maintain about 20 per cent
        Reuters  -  273 words
      • 310 18 Operating profit down 4&3%; vehicle, property, building sectors vulnerable to more economic woes Bernama [KUALA LUMPUR] Hicom Holdings Bhd's group pre-tax profit dropped 7.94 per cent for the year ended March 31, to 905.81 million Malaysian ringgit (*****.4 million) from RM983.88 million in the
        Bernama  -  310 words
      • 477 18 Company not oat of the woods yet after As3b writedowns AFP [SYDNEY] Embattled Australian resources giant BHP Co Ltd is under pressure to cut its debt to equity ratio from its current 53 per cent, its acting chief executive conceded yesterday.
        AFP; FILE PHOTO  -  477 words
    • FINANCE & COMMODITIES
      • 374 19 Total profits related to bounced cheques in 1996 exceeded USssJ>b, says consumer group Reuters [WASHINGTON] US banks make bUlions of doUars each year from fees assessed to bad cheques, and use questionable tactics to boost these revenues, a study prepared for
        Reuters  -  374 words
      • 167 19 Reuters [ZURICH] Merger partners Union Bank of Switzerland and Swiss Bank Corp have lost around 2 per cent of customers by joining forces as the new ÜBS, chief executive Marcel Ospel told a Swiss business newspaper. Mr Ospel told the bi-week-ly Finanz und Wirtschaft
        Reuters  -  167 words
      • 538 19 France Growth and adviser Indocam plan cuts in fees NYT [NEW YORK] Shareholders have complained for ages that closed-end funds often trade at steep discounts to their net asset values. For just as long, fund managements have, by and large, shrugged
        NYT  -  538 words
      • 419 19 Reuters [LONDON] Privately-owned British investment bank Robert Fleming has reported a 13.7 per cent drop in profit for the year and laid the blame squarely at the door of Asia. "The results, although a bit disappointing because they are down year-on-year, have
        Reuters  -  419 words
      • 68 19 [MEXICO CITY] Adrian Lajous (left), director general of Mexico's oil company Pemex addressing a joint press conference on Friday with Mexican Minister of Energy Luis Tellez in Mexico City. Mr Lajous and Mr Tellez announced that Mexico will continue to reduce its oil exports by 200,000
        AFP  -  68 words
      • 304 19 FT [MOSCOW] Deputy Prime Minister Boris Nemtsov said on Friday that the Russian state would exercise stricter control over Gazprom in future but insisted it had no intention of breaking up the world's biggest gas company. "The fate of Gazprom
        FT  -  304 words
      • 182 19 Bloomberg [COLUMBUS] Huntington Bancshares Inc completed its purchase of 60 branches in Florida for US$523 million (SsB74 million) from NationsBank Corp, the US' third-larg-est bank. The acquisition adds US$2.5 billion in deposits, US$l.6 billion in loans and 212,000 customers, more than doubling the bank's
        Bloomberg  -  182 words
      • Article, Illustration
        1771 19 PRIME LBMPIMO RATES Ittfi ASN Amro Bank NV 8Vi ABSA Sank Lim&ed 8w AM2 Banking Group I MtadWsti Bank PIC 7* Aawrictt) Express tank 8tt Arab Banking Carp 8vt Arab tank PIC 7V4 AsaM tank ltd Sv* Ban Mn la* Bank BM 8U Banca CoMMrcWt RataM 7V« Banca Mill—li Oaf
        1,771 words
    • COMMODITIES FUTURES
      • 537 20  -  SIMBX Weeklyßoundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] US$-yen fully recovered to pre-intervention levels, touching 143.00 yen in Tokyo on Friday. The lack of policy/forex action as a follow-up to the June 17
        Source: Simex  -  537 words
      • 813 20 COMMODITY Weeklyßoundup AFP (LONDON] The oil market failed to rally to the call of Opec, which promised substantial cuts in output last week, amid burgeoning crude stocks, faltering demand and scepticism from dealers who do not yet believe
        AFP; Source: Bloomberg  -  813 words
    • 1745 20 SI COM FUTURES Jun26 RU88CR (Mms do** at MSJMpn) RSS1 CONTRACTS CMtsfe) CtoM Volmw Opto Mowtt Mjft Low Sott (towns) Intortrt M 98 H4.50 114.50 117.50 SO 500 A*q 98 118.50 118.50 118.50 50 340 S«p 98 ***** 119.50 119.75 150 350 Oct/Dtc 98 122.50 4650 Jtn/Mtr 99
      1,745 words
    • 4557 21 Nataarn CM Mar 25 P 54.815 55.337 16.4 17.1 TY LY TY IY Nat Kap Mar 31 P 6.466L 3.941L 0.3L 0.21. Cawpaay ann Owl l«t«) (eta) Nat Broad 23c May 5 F 17.475 1X059 13.0 12 2 Na» Toyo 25c Maria P 7.821 10.078 3.88
      4,557 words
    • MARKET REVIEWS
      • 285 22 HONGKONG AFP HONGKONG stocks are likely to continue their technical rebound this week following government measures to stimulate the economy and US President Bill Clinton's visit to China, dealers said on Friday. The key Hang Seng Index gained 15.9 points over the week to
        AFP  -  285 words
      • 432 22 NEW YORK Profit-taking ahead of corporate earnings reports also dampened rally AFP WALL Street got back on a positive track last week as cash poured in ahead of the end of the fiscal quarter, but gains were limited by profittaking ahead of
        AFP; FILE PHOTO  -  432 words
      • 335 22 LONDON AFP THE London stock market shrugged off the latest signs of weakness in Asia and potentially damaging domestic economic data last week, winning back lost ground on the wings of Wall Street. The FT-SE 100 Index of leading shares rose
        AFP  -  335 words
      • 365 22 TOKYO AFP TOKYO'S stocks are set for a rough week ahead with a grim tankan business survey expected to push share prices down sharply, analysts said. "The tankan survey will show worsened business confidence in the Japanese corporate sector and will certainly have
        AFP  -  365 words
      • 856 22 Q Sydney +2LI THE Australian bourse ended the week on a high note on the back of a stronger Aussie dollar and its fate in the week ahead will lie with currency movements, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index gained 21.1
        856 words
      • 1827 22 QPMfa +188.38 FRENCH stocks are expected to rise even further in the weeks to come, led by companies investors consider immune to the impact of recession in Asia. The benchmark CAC 40 Index is already up 40.6 per cent this year. On Friday it gained 11.89 points,
        1,827 words
    • KUALA LUMPUR STOCK MARKET
      • 464 23 AFP Q Composite Index -21.94 MALAYSIAN shares fell 4.7 per cent in the week to Friday and are likely to continue their downward trend trailing the yen's movement in the coming days, analysts said. "The market is likely to continue its downward spiral
        AFP  -  464 words
      • 8866 23 INDUSTRIALS L«t WHh Nat Ca» H>g> L— CuMlky Ml OOP Mtf* L— Pfc. tmK 310 180 Ajinomoto 218 -2 9 220 215 12.0 88.4 148 59 Angkasa 60 -3 101 63 59 1.4 88.5 290 123 ApoHo Food Hlg 141 unch 9 150 140 4.1 56.4 388 190 Berjaya land
        8,866 words
    • WARRANTS & OPTIONS
      • 177 24  -  WARRANT WATCH -By Louis Beckerling IT'S make or break day today for punters who pushed the warrants of City Developments up 28 cents on Friday to $1.94. That surge in the warrant price, on a volume of 27,000, was based on expectations that cost-cutting measures
        177 words
      • 3563 24 BONOS, LOANS ft VAftftANTS m Last Vol WMk Uft Quota Avg Hlgfi Low St no Company Salt ♦or- ('000) Htg* Low Buyor Sollof Prteo 23.5 9 m 3000 m AM08 C5.5H*****6 I 9.5 13 20-5 5 3)60 "Ac*r ******3) US$ 6.5 *1.5 4 7 6.5 5 7.5 95 8.5 3)64
        3,563 words
    • 2327 24 Week ended Jun 26 Malaysian STOCKS Or 6r 1998 LMt Vat Wee* LastOuote Ok H> W IM M Cap Um Step Can—hi t* COOP) Wgli Low Buyer 8—r Cw P/l $mK 135 28 m ***** AISB 50c 49 -2 131 49.5 47 49.5 50 5.0 3.3 2.1 20.9
      2,327 words
    • 6439 25 Work ended Jiui 26 Cr Cr M Wt '9«e Last Vol «Ht Last Ouote CM* Di« Yld Net Cap Avg High Law StNo Company Sate fOOOl High Low Buyer Salter C'vr P/C Smil Prtea INDUSTRIALS 43 13 a 1020 ACE 0ynamics20c.... 13.5 -3 451
      6,439 words
    • 1148 25 Or Or M Wt *99* Laat V*i Hot LMtOwti Mv Mv YM Nat Cm A«« M* La« StNa Company Wt C000» H*«h Law *Myar UKr H Cvr P/I $W»M Prtca 134 79 2000 ABRHWqsSc SO unch 66 81 79 80 S3 39.0 86 >43 65 2049 AS Auto 10«
      1,148 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        416 26 Source: Deutsche Morgan Grenfell Research Source: JM Sassoon Stocks VotoM Easy* nit HKKk 42,078,000 IMSLMd 37,934,000 SingTenSc 26.047,000 WngTai25c 20,150,000 SPH 14,440,000 DBS Foreign 14,217,000 ITEElec20c 14,112,000 UOB Foreiqn 14,015,000 OCBC Foreign 12,597,000 OUB Foreign 12,354,000 Stacks S SPH 174,805,150 DBS Foreign 142,122,533 DOS Foretqn 75,089,866 OCBC Foreign 69,218,117 SingTel
        Source: Deutsche Morgan Grenfell Research; Source: JM Sassoon  -  416 words
      • Article, Illustration
        74 26  -  -by I Shiv Taneja Magnum Corp Bhd closed one and a half cents higher at 605 cents on Friday on a volume of 2.7 million shares, compared with its 10-day traded average of 3.9 million shares. The daily and weekly RSI and Stochastics are heavily oversold, and the
        74 words
      • 675 26  -  the wees ahead If regional currencies continue to weaken, it will offset any positive impact the measures might have By Wong Wei Kong SINGAPORE shares are likely to begin the week on a tentative note. Later today, the market will be given the official
        675 words
  • Page 17 Advertisements
    • 27 17 HUGO BOSS V&««KW^vS"^lf B **•;«".;i AVAILABLE AT BOSS HUGO BOSS SHOPS AND ALL LEADING OPTICAL SHOPS <Si. t'rlH?; %!£*■,?•''!>:•!;*;m <;» ■■u*. 'x, fO jftOfS lUafcire v»'■•■'f '-i- 4 •>"
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    • 237 17 DIRECTORS, AUDIT I I DIRECTORS MANAGERS, HEADS OF AUDIT COMMITTEES, I I CORPORATE LAWYERS, ACCOUNTANTS, ETC. I I Be A Step Ahead In Your Corporate Performance I I Attend this one-day, high-powered conference on I I Covering the latest developments in corporate governance, this event wiU I B impart greater
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  • Page 18 Advertisements
    • 99 18 With more Carte Buffet than 3 0 Dinner (6.30 pm delectable ,0 0°P m will dishes to select definitely make from, Maple 11 you come back m. Garden's ALa maple qarden f or mo re! SEAFOOD RESTAURANT Shark's Fin, Seafood A LA Carte Buffet Dinner Claypot Superior Shark's Fin (one
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    • 221 18 Motorised Walker JO—on Model: JET-1500 C Designed specially for walking and light running at home. Perfect for first time users who look for design and function. V FEATURES: B 5-Window LCD display TIME, DISTANCE, CALORIES, SPEED PULSE Over-current protection 1 hp DC continue duty Speed: 0 to 12km, 0.1 km
      221 words
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  • Page 21 Advertisements
    • 122 21 *r -w^®*fc 1 l 1! iWM 1 kaifefc v_r,; r v St Sure r/ie mru/ Passat comes with a K >-M f' attractive price tag. But what's Bw ?w< r/i« German Motoring Press rowM^jpv^;t| »^sfi to engineering excellence. In a gBHR comparison against the BMW 3 series jj and the
      122 words





  • Page 26 Advertisements
    • 916 26 BUSINESS Xotices TO ADVERTISE CALL 1 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AMS TIMBERS PTE LTD (In Members' Voluntary Liquidation) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative of S.E.A.S. Shipping And Trading Pte Lid relating to
      916 words
    • 450 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NWM INVESTMENTS PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN. pursuant to Section 308 of the Companies Act, Chapter 50, that the final meeting of the members of the abovenamed company will be held
      450 words
    • 518 26 THE COMPANIES ACT CHAPTER 50 1 SECTION 290(2)(b) NOTICE Of RESOLUTION SEMBROWN EQUIPMENT PTC LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Sembrown Equipment Pte Ltd held at 59 Shipyard Road, Jurong, Singapore *****3 on the 22nd day of June 1998. the following special resolutions were duly
      518 words
    • 290 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOUTHERN FRONTIER SHIPPING (PTE) LTD On Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company deemed to be held on 24 June 1998, the following resolutions were
      290 words
    • 441 26 Buy It. Sell It. Find It. Classified. I CATS. I Call Today For Results Tomorrow. 1800-*****66 r IN THE MATTER OF THE COMPANIES ACT. (CHAPTER 50) ANO IN THE MATTER OF PC AUTOMATION (S) PTE LTD (Incorporated In ttw Republic of Singapore) (IN UOOIOATION) MEMBERS' VOLUNTARY WINDING UP Notice hereby
      441 words

  • SHIPPING TIMES
    • 296 27 Contributed by Simpson Spence Young THERE has been continued activity, but so far only a limited number of sales have come to light. The tanker sector has seen the modern aframax tanker Takamine Maru (95,000/93) sold to clients of Stelmar. However, the details of this transaction remain uncertain
      Contributed by Simpson Spence & Young  -  296 words
    • 268 27 r JwH t$ CWT Mall fcuUail 0.44 *002 20~ ChuanHup___aj55 -0.015 Cosca invastmant 0325 -0.01 65 rrataMLMu 0.J9 -0.005 34 SB noMbtqs 0.20 HalSunWup 0.405 *0.01 29 MttacMZMM 0.555 -0.005 127 IMCHoMngi MK 5.60 Jaya Holdings 0.39 *0.009 4 Shipyard &tS -0.05 (71 Cora 2.60 *0.05 2172 KappgirttS
      268 words
    • 509 27  -  AP Moller, E Line placed orders with yards in region in past week By\ Felix Chan [SINGAPORE] Global carriers seem to have'overcome their initial resistance to newbuilding programmes, logging in several high-pro-file orders over the last week and sustaining the recent momentum of
      509 words
    • 339 27 AFP [ATHENS] Greek shipowners are increasingly lowering the blue and white striped ensign of their country and hoisting the cheaper flags of convenience. Each month five or six vessels from the world's largest single merchant fleet swap their Greek flags for Liberian, Panamanian,
      AFP  -  339 words
    • 759 27  -  UMBRSCEHE By David Hughes AT A TIME when much of the news is depressing and headlines concentrate on the region's current economic problems, it is useful to put short term gloom into perspective. Two new reports both help give context
      759 words
    • 220 27 Bridge News [PANAMA CITY] Panama Canal officials raised the maximum authorised draft for shipping to 38.5 feet for all vessels and to 39 feet for tankers and dry bulk carriers. The officials expect the new limit will be maintained for the immediate future. This is
      Bridge News  -  220 words
    • 173 27 [SINGAPORE] P&O Nedlloyd's new mega-carrier, the 6,600TEU (20-ft equivalent unit) Southampton, made its maiden call at Singapore on June 18. The vessel, the first in a series of four 6,674-TEU box ships the Anglo-Dutch shipping line has on order, will be deployed
      173 words
    • 633 28  -  TAIWAN'S KBEX.UMO The harbour bureau wants to privatise operations by 2002 to try to stem the outflow of business From P T Bangsberg in Manila TAIWAN'S main northern ports want to accelerate their privatisation programme, but undertaking key portions of it may prove a problem.
      633 words
    • 359 28 PACE Ethiopian 6 ACL 9 Ewgrew 6 ANL 3 EapressTl M Accord 8 Ttn u Alirenkiel 14 FoongSun 8 Appenship 5 Froti 15 Asia OCL 15 FtUnks 16 Astro 3 Clink 4 Austral 9 Gemartrans 8 Avant 16 Onshpg 9 B'tang Mas 8
      359 words
    • 17958 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartisar Vnul Voyaga T»«*p*on* ETA ETA Advwitttr Vmft Voyaga Talapnona SIN OMfn Nam* Him# Numbar Numbar sin OMt'n Nam* Nama Numbar Numbar a To BUENOS AIRES (BUE) 2060 Argentina To ABIDJAN (ABJ) 2003 30/ot 2V07 Yang Ming royal container rc*03s *5-*****10 Ivory Coast,
      17,958 words
    • SHIPS IN PORT
      • 643 43 *«hI Voy No Bortti jnW Popartura Jareng Part Bt Berkat Ya *****8 J01 alongside 28.06/2000 Bt C Sentosa *****8 J01 aiooqsid« 28.06/1400 Bt Handl Jay *****8 J01 alongside 29.06/0100 Bt Pu T«or2 Jua28 > J01 alongside 28.06/2359 Bt Sury Inda Jun25 J01 alongside 28.06/1800 Hms Premium ***** J13
        643 words
      • 1581 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Nottaf/MaNM Rstls Ship Voy No Etb/Btr Period To From Aci HibiKVS 0U« 30/2359 U 21/1500 28/1659 28/1900 II 21/1500 28/1659 21/1900 2A 21/1700 29/0659 29/0900 21 28/1700 29/0859 29/0900 3 29/0700 29/1159 2VM00 4 29/1200 29/1459 29/1700 kiM MM 30/0700
        1,581 words
      • 176 43 Jon 30. Brunei: Half Year Bank Closing. Ml. Canada: Canada Day. Hohg Kong: SAR Establishment Day. Jul 2. Hong Kong: SAR Establishment Holiday. United States: Independence Holiday. Jul 7 Brunei: Maulud. Indonesia: Mouloud Prophet's Birthday. Malaysia: Birthday of Prophet Mohammed. Jul 9. Thailand: Asanha Bucha. Jul 10 Thailand:
        176 words
      • 1002 43 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change and the
        1,002 words
      • 432 43 Carbon 160 Max 994.5 10 17.1 0.09 84 0.05 Jm 25 Density NsMoe Ask Aluminium Sediment No above £25 4 0 10 0 1 0 TT=" 380 Avt 986.6 0.2 163 0.06 30 0.03 380 Max 9916 0.9 19.5 O.tl 58 0.09 WW! in M/M M/M
        432 words
    • AIR & LAND TRANSPORT NEWS
      • 381 44 Committee proposes flammable vapours be limited to less than 7% of aircraft's operating time Los Angeles Times [WASHINGTON] A Federal Aviation Administration advisory committee charged with coming up with ways to prevent aircraft fuel tank explosions has backed away from recommending
        Los Angeles Times  -  381 words
      • 264 44 Refusal to take back pilots tantamount to illegal lockout situation: anion Reuters [MANILA] Philippine Airlines (PAL) pilots have threatened to sue the finan-cially-beleaguered carrier after it refused to take them back despite the lifting of their three-week-old strike. "In view of the refusal of
        Reuters; REUTERS  -  264 words
      • 243 44 Reuters [FRANKFURT] Volkswagen AG, Europe's largest car maker, has decided to build a new luxury car by reviving the Horch marque owned by its Audi AG unit, according to German newspaper Welt am Sonntag. VW plans to build the new Horch model,
        Reuters  -  243 words
      • 275 44 AFP [LONDON] British Airways is planning to buy aircraft made by Airbus Industrie for the first time, breaking Boeing's monopoly on the airline's purchases. The Sunday Times said. British Airways will reject a bid from Boeing and place a £600 million (Ssl.6
        AFP; FILE PHOTO  -  275 words
      • 257 44 AFP [LONDON] British Airways and British Midland welcomed a decision by the European court cancelling approval for a rescue of the state airline Air France in 1994. The airlines were among companies which complained bitterly that the French carrier was receiving an unfair
        AFP  -  257 words
      • 145 44 AFP [ST LOUIS, Missouri] TWA pilots said that they let a strike deadline slip by because some progress had been made in contract talks with the company. "With the progress made on Friday the pilots are hopeful that an agreement can be reached
        AFP  -  145 words
      • 258 44 AFP [ABIDJAN] The chances of Tinding survivors among the scattered wreckage near Abidjan of an aircraft whose passengers included a UN envoy to Angola are "very slim", the Ivorian foreign minister said. Alioune Blondin Beye, special envoy to Angola of the
        AFP  -  258 words
      • 152 44 AFP [COLOGNE, Germany] German car maker Ford-Werke, a subsidiary of the US company Ford, said that sales totalled 12.121 billion Deutschemarks (5511.27 billion) in the five months to May. representing an increase of 8.1 per cent from the figure for the same
        AFP  -  152 words
      • 1661 44 OTT FlItWT ETA ftWHT OB «HMm KU43 04S0 ***** 2300 HatYal T6407 1540 TG408 1635 $0343 0735 MOW WO WOW 10B *1837 1455 MtMri AY9T 1336 AT90 2135 Auckland N***** 2050 AZ4285 2045 WhiMm SOI71 T700 ***** OOP sotot 2050 ***** 2045 HoCNkOnfc VH741 1310 VW742
        1,661 words
  • Page 27 Advertisements
    • 26 27 Taiwan's Kedang port hopes to quicken reform The harbour bureau wants to privatise operations by 2002 to try to stem the outflow of business. Page 2
      26 words
    • 82 27 Plan to reduce flammable vapours in plane fuel tanks Committee proposes vapours be limited to less than 7% of aircraft's operating time. Back Page I jj_:[ LL i i. U j Any Destination, I Any Time. Sailing schedules to the Am ericas Cx more. 2 4 hours a day in
      82 words

  • Page 28 Advertisements
    • 1087 28 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I I SIX SUPER SHUTTLE EXPMEBS CHMCT TO tA f| j DIRECT SERVICE TO WEST COAST SOOTH AMERICA/ASIA AN PCS EXPRESS SERVICE^"] mi n»M mi m mw <m w Mnmorr ybm 1 vot ~m mmmo loMMvwnM latuo Ito [whom unwmsu
      1,087 words
    • 666 28 Lines services represented Merr*ers d the |2®S® by Members ci the Registry ct Sngapore Fiwght Forwarders XgfSrjJ Accredted Shippng Agents UjUw Association v«i»y Singapcxe Sh«»ng Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO T0... DAMPIER/FREMANTLE (MONTHLY SERVICE) MV ARKTIS TBH" ETA SIN 10/***** BOOKINGS CALL JULIA/MONICA TEL 323
      666 words

  • Page 29 Advertisements
    • 1004 29 k A TO EUROPE FROM EUROPE [visa VOY SM ITM AM MAM KV SOU FXT tflTI [vBSU VOV ITU AM NAM MV SOU FIT UM »T HOC HAM 003W 11/04 14/07 11/07 11/07 IS/07 NAAfiMI OOM OS/04 09/04 03/04 27/04 OANUH J34W 01/0725/0722/07 23/07 20/07 NOtCOtAI 0011 07/04 09/04 12/04
      1,004 words
    • 2097 29 <g) HANJIN SHIPPING HANJM SHIPPING <S) PTIITO h*//»••. cm MOKJNG: 37M73S 237 SALES 32M274 231 DOCUMOT *****71 274 OftMTKMTS 3M0341-252 MAN) UW *****55 FAX 7770HS CI HO:) ********** M TO NW USA A CANADA USA CANADA* mvsi/vov mm si uwhau/voy sa nw kn roi cm hp m dtt mm pit
      2,097 words
    • 355 29 KSSa WY_ TO VOT SO Htt JE_ JW_ _M_ 1W I pll I H\) MONTANA OVS 2tAM 30/04 ON 01/07 05/07 07/07 00/07 10/17 jffi }j$ gift |p7| $$1 n«TC mSAM QMS 03/07 10/07 12/07 14/07 IS/07 IQOOfbyMA IK I liffi IWP71WP7 if/ft ancmiiN6 ooss os/w 07/07 oosw 00A17 12/07
      355 words

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    • 1405 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITCRRANEAN/CANAPA Wl TiT* LEH WTW MM HAM IHV FLX VtSStL WY sST" JIO (MT OPE FO* W.C MTB HANJM SAVANNA* WQOT M M 17 17 11.17 1* 07 17 17 19 07 WAMINOTON SENATOR WMCM KO7 1317 1»07 M 0723 17 HO7 01 M
      1,405 words
    • 1302 30 MY AMC VML Internet W»b Sit* http: //www.yml.com.tw f/T lITWiTI !H H i B4 i ii! 'i b»h hi l'|f»{j n*oweeklyevhwthursoayaummy VESSEL VOY SM RTM HAM FXT LEH ANR MING STAR AB2SW 27/06 19/07 17/07 16/07 21/07 MING ZENITH JB2SW 28/06 15/07 17/07 18/07 20/07 MALACCA BR AB26W 03/07 25/07
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    • 380 30 S& "3 JESSBLTON LINE jA Till UI34U FAXi *****13 1 MUARA 1 LABUAN VESSII VOT m> ETA VKSa VOT ETD ETA SfOM MUAKA STOKf UN traiGum viw/w 20/* oi/o; Amaanr vi*c/m 20/* 03/07 IPtOSPO VI7I/* 01/07 00/07 1«0SW VI7I/01 01/07 07/07 AfIttGUXY VI7I/00 07/07 10/07 **tOOiT Vl7l/H 07/07 11/07 iraos«
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  • Page 31 Advertisements
    • 1284 31 [VESSEL VOY SIN POU PKO PEN BIW SUR PUB BA BIK IRAN TEYFOURI PJL 1287 08/0« 17/00 18/06 IRAN MOBIN PJL 1283 21/08 30/08 01/07 IRAN QHEYAMAT PJL 1282 06/07 14/07 15/07 IRAN MATIN PJL 1287 20/07 28/07 30/07 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E.
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    • 2017 31 DIRECT SAILING < < J TO SHANGHAI XINGANG J I SINGAPORE'S GENERAL AGENTS: 6SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) TTSMTTolloßEOfnC?"™^^^™™! I COSTAR SHIPPING PTE LTD #i7-08DBSBLDG SAIES/IKGS 4205M1/43 INWARD DEPT(O/O) *****85 COSTAR AGENCIES (M) SDN BHD ICR NO: **********0 M TOWIR TWO (*****9) CONVENTIONAL *****50/55 T/SHPUT DCPT
      2,017 words
    • 577 31 EASTERN CAR LINER, LTD.'^^'r |E ECL (SINGAPORE) PTE LTD 1 SPECIALIZE IN ROKO ft HEAVY LIFT UPTO 122 TOWS ECL (SINGAPORE) PTE lID LOADING FOR JAKARTA MUARA MV "CEILO AZUL" V.17 MV "ORANGE SKY" V.83 ETA SRM 09/07/98 EXA SIN 10/07/98 ETA JKT 11/07/98 ETA MUA 14/07/98 COLOMBO/CHITTAGONG POJJ KL^/MONOOIA
      577 words

  • Page 32 Advertisements
    • 1237 32 MP ROM ANW HBG THP ZEE LHV IHV THP R0«l ANW HBO PKL *<5P E. ROUMO RW-832 04/07 23*7 21/07 24*7 28*7 27,47 E. GLEEFUL RE-062 31/08 #2/06 01/06 03AM 04/06 29AM 30/06 E OIAOEM RW-001 13*7 31/97 IVU 01/01 lUI MAW MAM E. REWARD RE-021 05/08 06AM 06/06 OMM
      1,237 words
    • 485 32 HH A ■pipi mm I fli ."£S Carrier: MN CONTR LINES, (ottmwtm IIJV/v BANGKOK: (662) *****57 SURABAYA^)29I66O P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61)*****3 KUCHNQ (062) *****1-3 BANGKOK MV "XETHA BHUM" V.239N ETA sin: 2/7/ M 4 SAILINGS PER WEEK: TUES/THUBS/SAT/SUN NAGOYA ~1 MV "NYK VEGA" V.20EA24 eta
      485 words
    • 330 32 /CZI NANTAI LINE FUUY CONTAINERISED SOVKZ TO MAURITIUS/SOUTH AFRICA vtssa ypY Ism| pm out Icw I i/nF mruiousi was iiw iim n/v n/v i\/v mum/M MB 15/07 ?S/07 71/17 03/01 MMM PBWQ tOOS 74/07 W/M 14/W mraiwus g» 03/w u/w it/w ?i/w w golds imam toots n/w ivm 3ti umawKßS
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  • Page 33 Advertisements
    • 380 33 MHK MYANMA wBBk FIVE STAR LINE (Myanmar National Line) v Loading lor Yang on (Rangoon) VBSU VOY SIN KG KN PGU ■AGO IO7W SID MONG LA ISW SID MALAYSIA AGEMTS: KXJSTIAO SMffMG AGENCHS KUL TH 02-03-*****00 PKL TIL 02-03-*****0) Ktt TH 02-04-*****02 KO: TIL 02-07-*****21/4 BANK LINE (A strvkt of
      380 words
    • 1184 33 I HYUNDAI MERCHANT MARINE CO., LTD. re. ivcsa voy sou jj rtm ant haw mv a si NofPURt OMW N/06 TsToJ 16/07 11/07 21/07 NOICORAI 0011 12/0* 13/06 07/0* 09/06 30/06 MNUM S39W >2/07 70/07 25/07 22/07 23/07 HTAMNAAL 31X01/06 1 J/06 10/00 11/06 02/07 TOE S22W 13/07 24/07 25/07
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    • 1126 33 MKM MM npfwegon speciokzed aufcxomon QsS&S mm wmu/ves TO NORTH AND LATIN AMERICA RORO HEAVYUFT SERVICE* fVfSSii VOY RAMP WIGHT SJN LAX Ctl MIA SAV ML ORF NYC WW MM TARONGA r«T3 400 To« JM 307 M 25/07 037 M 04/00 00/00 10/01 11/01 12/ M 17/01 19/01 TAMO FII4
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  • Page 34 Advertisements
    • 792 34 lANOKOK/LAIM CHAIANQ JAKABTA/PAMJAMQ VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN BAN* BHUM 104N 30/06 04/07 03/07 ACX RUBY# 25S In Pt 02/07 CHANA BHUM" 24N 30/06 03/07 VIRA BHUM 217S In Pt 03/07 02/07 3INO OCEAN OCNQ9I 01/07 04/07 ANRO JAYAKARTA* 045 30/00 02/07 NANTA BHUM** 4QON
      792 words
    • 501 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER Wfm CR No: **********0W Receiving Cargo at PTI Blntulu Muara vessel vot SIM m mm m m m I Mai V ***** 03-04/07 09/07 MM V9812f 30-01/07 06/07 ISm VW3E 06-09/07 15/07 MJdi
      501 words
    • 562 34 A/iccord SHIPPING PTE LTD m *****15 (40 Lin«») FAX t *****30 HHTUAM (WU7IMI DIRECT ACCCSS TIL *****55 (EXPORT tOOKMG) FASM GUDiMG 197) SSI \SH *****34 (EXPORT DOC), *****39 (IMPOST) fBUMG (04) 5371*41 URL;HTTP://WWW-ACCO4ID.COM.SO WUJTTA (Jl)Ws77t POffT m SIN POffT nA SIN POffT ITA SIN POffT «SIM (FAR EAST) (INDIA) (EUROPE
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    • 33 34 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 ItiwUrnn-tndiMt—t Park, Singapore *****5 CB NO: tfO^TWOOWSK Air-Sea International Freight Forwarders MU^ARA I Also accepting Heavy Lift 4 Protect Cargo Tel:6s-276 7986 Fax:6s-*****401
      33 words

  • Page 35 Advertisements
    • 395 35 INDONESIA NATIONAL LINE TO EUROPE "1 IXPmaa SE*»-CONTA»<ERtSED SERVICE VOY I S'POflE I A'OAMyJI OAM HOUfIQ MEMEM ANTWERP >mm ?;/M 27/01 OMIT nm TO AUSTRALIA fi^coiroy^ipwicg vor fhe m_ m_ ja jna ja_ m m. bbmj tm tmrtm mm mm imp imt uauaAi tm tun own Tyr 17*7 aw am
      395 words
    • 803 35 PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CR NO: 100e*****00E m in BB M 10 AU JBL JBL_ I UttA AUSTRALIA 1—743 30/4 1/7 S/7 13/7 IS/7 17/7 M/ 7 18/7 lf/7l I ooa.ahutY 61/ -fil \i/7 \in M/ 7 Wl
      803 words
    • 849 35 VESSELS VOY »"I J€D MLA LEH HAM TW HTM ZEE V-LEOEANTARES L29H 10/P7 tjg 2&P7 21/07 23/07 23/07 MXT7 wkevwoo saew 07/07 ivo7 gg aaw7 27/07 2B*X7 ggr 30g7 MLLEOEVELA WW 14/07 22/07 27/07 02/QB 03/06 OC/08 06*06 09*08 VJ-EOEGEMHA H2BW 21/07 2*07 03/08 09*06 WW 12/08 12*36 ttg ALIO
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  • Page 37 Advertisements
    • 56 37 VaTil STB^lDial 740-6000 Oil Q€ITIdnG (Retrieve more schedules!) SWi Press "1" yjfc:.. J CT JtV Select the port and key in the four digit code eg: To New York (NYC) 2275 JhH& I Key in your fax number JT^k S your phone number Another innovative service offered by The document
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  • Page 39 Advertisements
    • 55 39 —a (Retrieve more schedules!) Select the port and key in K the four digit code eg: To New York (NYQ227S ilflSl Sl tl Ke V n y° ur ax number your phone number Another innovative service offered by The document Will be SinppTMn TTMF<[ 5T faxed to you* lAJXxiiivl X
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  • Page 40 Advertisements
    • 698 40 —SAMUDERA SHIPPING LINE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********0 D BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAN INTRODUCING OUR NEW STRAITS SERVICE PORT KELANG/ BELAWAN/ PENANG VESSEL VOYAGE SIN PKG xpressjaya 25Q39 QiZQZ Q2ZQZ
      698 words
    • 610 40 IwflM INS LEE SHIPPING CO PTE ITOI I IC!ISA M 5330*75 It Umi) Fas: *****36/*****60 I j ciimw i»»m—oo< VESSEL VOY SIN nA SIN ETD DESTINATION Marco Palo 42 14/98 27/06 29/06 Pefawong/Buoton Smor Central 09/98 27/06 29/06 Perawanq/Buoion/P Ban; D»»i0oyo 10/98 27/06 29/06 PeiawonQ/P Bow/Boon* Union Slor 18 09/98
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    • 540 40 m FAR EAST 05/07 KEELUNG/KAOHSIUNG 05/07 BANGKOK 05/07 MANILA/CEBU 05/07 JAKARTA/BE LAWAN/SU RABAYA 05/07 PORT KELANG/PENANG/E MALAYSIA 07/07 BUSAN 05/07 TOKYO/YOKO/KOBE/NGO/OSA 01/07 HONG KONG SIM CHINA 01/07 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EUROPE/UK 06/07 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 05/07 LOS ANGELES/NEW YORK all
      540 words
    • 407 40 cccm Singapore Soviet Shipping INuCo. Pte. Ltd. CR NO: **********0N VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOI3 01/07 09/07 20/07 22/07 SEA SUCCESS 1 115N 04/07 12/07 24/07 26/07 KOTA RUKUN RKNOO7 14/07 22/07 03/06 06/06 KOTARATU RTUOIS 22/07 29/07 10/06 12/08 SEA MJCCESS 1 116N 27/06 04/06 18/06
      407 words

  • Page 41 Advertisements
    • 1020 41 ASU-MEDITERRANEAN EXPRESS (AME)-WESTBOUND SERVICE i I VESSCI vor SIN CMB Pitt ILA SPEZIA I VIC I LEH I FXT ANT MSC SQfHIE 9825 3 05 JUL 09 JUL 18 JUL OMIT OMIT OMIT 2$ M 2ZJUL MSC MARTINA 9826-3 10 JUL 14 JUL 21 JUL 24 JUL 26 JUL 30
      1,020 words
    • 1710 41 IVBML/ypTAg OTB I MU I lITB I HMI 1 UH Ivbsbtyotam I sgr Im I ham luh stom um I iugota shnmzjj lionro 1 NTIANUMS 05*M2* 0247 1107 1047 2147 2107 JrHmm 07X7 04X7 S!S£ rJU o SSi 212 SSSST »S SS SS IS »S S5 S£ Si! S! 25
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  • Page 42 Advertisements
    • 524 42 Ivesse^^^V3^^Sl^^l3U*^Sl^^| CAPE BONAVIS 9606 27-28/06 02-KVO7 15-15/07 I TIGER BRIDGE 633N 02-03/07 08-14/07 19-20/07 I TIGER WAVE 634N 04-06AJ7 10-17/07 22-23/07 I TIGER BAY 635N 12-13/07 17-22/07 27-28/07 I TIGER ISLAND 636N 15-16/07 20-25/07 30-31/07 I TIGER BRIDGE 638N 22-23/07 28-01AJ6 06-07/06 I IVESSE^^^^VOYJHN^caIsi^I TIGER SPRING 327CN8 27-2606 04-07/07 13-14AJ7
      524 words
    • 787 42 I FREIGHT LINKS EXPRESS I JV" 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg DIRECT CONSOL TO BUENOS AIRES SAN ANTONIO, CHILE SANTOS, BRAZIL FOR BOOKING, PUASI CALL V OUR TOLL PMI UNI< VV 1800-*****66 Overseas Offices Hongkong *****113 flmsOasiaonline.net Port KeJang *****40 flemOtm.net.my
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    • 929 42 OOCL (Si poo pore) Pte lid CFS KeppeJ D.strpk 79 Anton Rm4 #11-04 (S) *****6 513 #01-121 CD. "d NOIIB7I7SOOOOH 1*272 7117 FtrMkf U: *****13 Fu»l 3942 Fu: 272 7125 :7m s i I OOCL lAtaloysia) Sdn. Bhd. tm <*> IKIAUNG JAYA W: 03-75* 77* fu.-03-7MS 342 tat *****80 IKNANG
      929 words

  • Page 43 Miscellaneous
    • 138 43 —TT?7T,); fi\ V wTTTTT^— iooe NLEGEND: R Thunderstorm Temperoture o c X\ y Shower Weather _X Wind direction with speed in knots e Rom \~S Cloudy Sky Wov he, 9 ht Surface wind* are indicated by arrows wKidi Hy with the wind G One fuM circle represents calm or light
      138 words

  • Page 44 Advertisements
    • 135 44 CHENNAI PORT CONGESTION SURCHARGE In view of continuing severe delays experienced in Chennai (Madras) port since April 1998, the following container feeder operators herewith announce the introduction of a US$lOO/TEU surcharge on all laden container movements between Chennai and Colombo, Port Klang and Singapore. This surcharge shall take effect from
      135 words